North Dakota

The Red River Valley of North Dakota holds some of the best agricultural soils on the continent — deep, productive, with predictable summer rainfall and an established small-grain and row-crop economy. The state's farmland values remain efficient relative to comparable Corn Belt geographies, and the operator pool is established and stable. Western North Dakota combines ranch operations with energy-services infrastructure across the Bakken.

Lodgepole Capital is active in Red River Valley cropland and selectively in western ranch operations.